Current market data shows that investor interest in Ripple Labs-linked XRP continues to rise following the launch of the Teucrium 2x Long Daily XRP ETF. Notably, as of April 11, 2025, the fund had recorded five straight days of inflows, which typically shows the steady demand for XRP-backed investment products.

Teucrium XRP ETF Sees Strong First Week

It is worth mentioning that after NYSE Arca approved the Teucrium ETF, the fund made a strong impression in its first week. On its debut day, it recorded a trading volume of $5,551,577 and closed at $23.37.

Activity climbed quickly on April 9, with volume jumping to $13,333,700 and the price increasing to $28.92. Trading stayed active throughout the week, and April 10 brought $8,876,879 in volume with a closing price of $27.07. On April 11, the ETF reached its highest price at $29.21, with $8,579,731 volume traded.

The volume on $XXRP is impressive, these are big numbers for Day Two-Four, esp for a 2x indie in a whack market. Child’s play vs bitcoin ETFs of course, but really strong, this thing is finding an audience quickly pic.twitter.com/IOUtQFW8bd

— Eric Balchunas (@EricBalchunas) April 11, 2025

Teucrium’s CEO called the XRP ETF the company’s most successful launch to date and said investors’ response was better than expected. 

Essentially, the firm designed the ETF to reflect double the daily price movement of XRP. This setup appeals to investors looking for leveraged exposure. The steady rise in volume and price over five days suggests increasing interest from institutions looking to trade XRP in a regulated format.

XRP Futures and ETF Trends Gaining Traction

The ETF’s early success comes as more XRP-related investment options emerge. On March 20, 2025, Bitnomial launched XRP futures, giving traders a new way to gain exposure to the coin. 

In another bullish update, the US SEC has officially ended its lawsuit against Ripple Labs Inc. The move has cleared one of the major roadblocks facing XRP and has made way for new ETF applications.

It is important to add that asset managers are now predicting possible XRP ETF approvals. This comes after the SEC approved options for spot Ethereum ETFs, further showcasing its new pro-crypto stance.

XRP Price Growth Catalysts to Watch

Looking ahead, several trends could affect the price of XRP for good. For one, the end of the SEC and Ripple lawsuit has removed doubts about the coin’s security status. This has further set it up for adoption.

Based on historical trends, new features like smart contracts planned for the XRP Ledger may improve the asset’s utility.

Data from CoinMarketCap shows that XRP, the fourth-largest cryptocurrency, was trading at $2.04 as of this publication, marking a 3.84% increase over the past 24 hours.

The post Teucrium XRP ETF Records 5-Day Inflow Streak as Demand Soar appeared first on CoinGape.

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Filed under: News - @ April 11, 2025 9:23 pm